Plan Ledger DOL Form 5500 · updated monthly

Old National Bancorp401(k)

THE OLD NATIONAL BANCORP EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN · EVANSVILLE, IN · plan year 2024

Reported admin expense ratio · 2024
0.03%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Old National Bancorp reported $220,656 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,892 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.05% to 0.03%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other management of companies employers. By assets it is the 22nd-largest of 1,562 plans among Indiana employers on file, and the 62nd of 786 in management of companies. In 2024, employees put in $1.69 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$733,108,364
Participants with balances5,266
Active participants4,006
Employer contributions$19,598,006
Employee contributions$33,189,483
Employer contribution per active participant$4,892
Average account balance$139,215
Benefits paid to participants$76,889,165
Plan auditUnmodified (clean) audit opinion
AuditorHARDING, SHYMANSKI & COMPANY P.S.C
Plan history3
Yearassets · accounts · employer contribution
2024$733.1M · 5,266 accts · $19.6M emplr
2023$650.6M · 5,204 accts · $18.0M emplr
2022$556.5M · 5,236 accts · $12.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$144,315
Investment management$76,341
Total administrative$220,656
The Old National Bancorp 401(k) match · 2024
Employer contribution per active participant$4,892
Median for plans this size$4,294
2024$4,892 per active participant
2023$4,629 per active participant
2022$3,222 per active participant

Old National Bancorp's 2024 employer contribution ran above the $4,294 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
EMPOWER ANNUITY INSURANCE COMPANY · Recordkeeping · Loan processing$144,315
EMPOWER ADVISORY GROUP, LLC · Investment advisory (participants) · Investment management$76,341

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$220,656 · 0.03%
2023$209,443 · 0.03%
2022$252,829 · 0.05%
Same employer
Similar plansManagement of Companies · Indiana
Arcbest Corporation AR$778.4M · 0.06%
Ralliant Corporation NC$754.6M · 0.05%
Cincinnati Bell Inc. OH$677.0M · 0.05%
Saltchuk Resources, Inc. WA$669.8M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351539838 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.